INVITAE CORP (NVTA) Forecast, Price Target & Analyst Ratings
NYSE:NVTA • US46185L1035
0.0891 USD
-0.3 (-77.12%)
Last: Feb 5, 2024, 07:40 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INVITAE CORP (NVTA).
Forecast Snapshot
Consensus Price Target
$0.72
+ 712.79% Upside
Next Earnings Forecast
Release DateFeb 21, 2024
PeriodQ4 / 2023
EPS Estimate-$0.31
Revenue Estimate119.6M
ChartMill Buy Consensus
46.15%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$0.72
Upside
+ 712.79%
From current price of $0.09 to mean target of $0.72, Based on 13 analyst forecasts
Low
$0.30
Median
$0.77
High
$1.05
Price Target Revisions
1 Month
-45.80%
3 Months
-52.03%
Price Target Summary
13 Wall Street analysts provided a forecast for the next 12 months for NVTA. The average price target is 0.72 USD. This implies a price increase of 712.79% is expected in the next year compared to the current price of 0.0891.
The average price target has been revised downward by 52.03% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
46.15%
NVTA was analyzed by 13 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about NVTA.
In the previous month the buy percentage consensus was at a similar level.
NVTA was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-11-13 | Piper Sandler | Maintains | Underweight -> Underweight |
| 2023-10-23 | Goldman Sachs | Maintains | Sell -> Sell |
| 2023-10-20 | Goldman Sachs | Maintains | Sell -> Sell |
| 2023-08-15 | Piper Sandler | Maintains | Underweight -> Underweight |
| 2023-07-24 | Goldman Sachs | Maintains | Sell -> Sell |
| 2023-07-21 | Goldman Sachs | Maintains | Sell -> Sell |
| 2023-05-15 | Raymond James | Downgrade | Market Perform -> Underperform |
| 2023-05-11 | Goldman Sachs | Maintains | Sell -> Sell |
| 2023-03-03 | Piper Sandler | Maintains | Underweight |
| 2023-01-31 | Goldman Sachs | Downgrade | Neutral -> Sell |
| 2022-11-09 | SVB Leerink | Maintains | Market Perform |
| 2022-08-25 | Credit Suisse | Initiate | Underperform |
| 2022-08-18 | Piper Sandler | Maintains | Underweight |
| 2022-08-10 | SVB Leerink | Maintains | Market Perform |
| 2022-08-10 | JP Morgan | Downgrade | Neutral -> Underweight |
| 2022-07-26 | Cowen & Co. | Downgrade | Outperform -> Market Perform |
| 2022-07-21 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2022-07-19 | Benchmark | Downgrade | Buy -> Hold |
| 2022-07-19 | SVB Leerink | Downgrade | Outperform -> Market Perform |
| 2022-07-19 | Cowen & Co. | Maintains | Outperform |
| 2022-06-13 | Benchmark | Maintains | Buy |
| 2022-06-03 | Piper Sandler | Initiate | Underweight |
| 2022-05-05 | Raymond James | Maintains | Outperform |
| 2022-05-04 | Morgan Stanley | Maintains | Equal-Weight |
| 2022-04-19 | Goldman Sachs | Maintains | Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 21, 2024
PeriodQ4 / 2023
EPS Estimate-$0.31
Revenue Estimate119.6M
Revenue Q2Q-2.37%
EPS Q2Q10.00%
Number of Analysts4
Next Earnings Revisions
Revenue (1 Month)
-6.28%
Revenue (3 Months)
-6.48%
EPS (1 Month)
-14.83%
EPS (3 Months)
-8.11%
Next Earnings Summary
NVTA is expected to report earnings on 2/21/2024. The consensus EPS estimate for the next earnings is -0.31 USD and the consensus revenue estimate is 119.60M USD.
The next earnings revenue estimate has been revised downward by 6.48% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 279.6M 28.97% | 460.4M 64.66% | 516.3M 12.14% | 494.04M -4.31% | 534.36M 8.16% | 587.18M 9.88% | 608.63M 3.65% | |
| EBITDA YoY % growth | -590.55M -159.14% | -311.13M 47.32% | -556.03M -78.71% | -183.03M 67.08% | -170.646M 6.77% | -136.743M 19.87% | -89.862M 34.28% | |
| EBIT YoY % growth | -629.6M -157.93% | -391.6M 37.80% | -698.1M -78.27% | -306.405M 56.11% | -261.608M 14.62% | -240.776M 7.96% | -263.364M -9.38% | |
| Operating Margin | -225.18% | -85.06% | -135.21% | -62.02% | -48.96% | -41.01% | -43.27% | |
| EPS YoY % growth | -2.82 -22.08% | -3.20 -13.48% | -2.22 30.63% | -1.04 53.25% | -0.90 12.90% | -0.76 15.86% | -0.86 -12.64% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.31 10.00% | -0.30 18.68% | -0.38 -27.50% | -0.24 -139.70% | -0.24 20.00% | -0.26 15.25% | -0.34 12.00% | -0.19 19.15% | -0.28 -12.50% |
| Revenue Q2Q % growth | 119.6M -2.37% | 122.2M 4.09% | 129.08M 7.12% | 129.95M 7.22% | 124.64M 4.21% | 124.44M 1.83% | 132.8M 2.88% | 133.01M 2.35% | 124.64M |
| EBITDA Q2Q % growth | -35.292M -101.51% | -39.678M 54.83% | -62.424M 18.76% | -22.746M -809.84% | -24.888M 29.48% | -28.587M 27.95% | -22.843M 63.41% | -24.193M -6.36% | -20.923M 15.93% |
| EBIT Q2Q % growth | -75.99M -103.47% | -75.531M 38.49% | -99.093M 31.89% | -59.415M 42.26% | -71.145M 6.38% | -74.46M 1.42% | -99.96M -0.87% | -58.14M 2.15% | -80.58M -13.26% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
18.34%
EPS Next 5 Year
12.71%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
3.75%
Revenue Next 5 Year
3.73%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
20.35%
EBIT Next 5 Year
16.33%
INVITAE CORP / NVTA Forecast FAQ
What do analysts expect the price target to be for INVITAE CORP (NVTA)?
13 analysts have analysed NVTA and the average price target is 0.72 USD. This implies a price increase of 712.79% is expected in the next year compared to the current price of 0.0891.
What is the next earnings date for NVTA stock?
INVITAE CORP (NVTA) will report earnings on 2024-02-21, after the market close.
Can you provide the consensus estimates for INVITAE CORP next earnings?
The consensus EPS estimate for the next earnings of INVITAE CORP (NVTA) is -0.31 USD and the consensus revenue estimate is 119.60M USD.
Can you provide the consensus rating for INVITAE CORP stock?
The consensus rating for INVITAE CORP (NVTA) is 46.1538 / 100 . This indicates that analysts generally have a neutral outlook on the stock.